400 Pine Wood Ln, Los Gatos, CA 95032

3 beds, 2 baths, 1,520 sqft
Sold: $549,500
Sold on 10/23/12
Zestimate®: $749,868
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My Notes
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No, You're Not Dreaming:It Really Is LOS GATOS(3BD/2.5BA/2GA)for Under $550,000! The private townhome community of Los Gatos Woods is one of the best-kept "secrets" in the entire town of Los Gatos, where the average single-family residence costs close to one million dollars.Walk the lush and beautifully landscaped grounds and chat with your friendly neighbors, on your way to enjoying the numerous amenities that Los Gatos Woods has to offer: clubhouse with recreation room, fitness center, separate men's and women's saunas, two swimming pools, tennis courts, basketball court and children's play area. Cross the street to Jack Fischer Park, where an interactive water feature is the main attraction but picnicking and relaxation are also prime pursuits. Savor the charm and atmosphere that the upscale town of Los Gatos has to offer, just a hop, skip and a jump away. Or access Highway 85 in five minutes, to take you on your way to any destination in the beautiful Bay Area.It's like resort-style living, all year 'round, arguably the best real estate value currently available in all of Los Gatos. An oasis of affordability in a quiet and pleasant corner of ultra-pricey Silicon Valley.Features include: * Granite counters* Built-in microwave * Workshop area * Huge upgraded master suite * Fabulous schools (Rollingwood, Marshall Lane) * Mature lush landscaping* Numerous amenities * Low HOA (just $301/month) * Two-car garage * Ample storage * Custom stone wall in backyard at front Four hundred Pine Wood Lane, a former model home, is not just the only property currently available in this community of more than 225 residences. It also boasts one of the best positions in the community. Situated near the entranceway from Castlewood Drive, you spare yourself all the speedbumps that driving to a location in the interior involves. Plentiful off-street parking on Castlewood virtually assures visitors a place to park their cars, when limited spaces inside the subdivision are not available.The home will be available for viewing during open houses on Saturday, Sept. 1, and Sunday, Sept. 2 (1:30-4 on both days). A keysafe will be installed Sunday evening. The deadline for offers is 3 pm Tuesday, Sept. 4. Please refer to offer instructions on the MLS profile (under agent confidential remarks).* Information deemed reliable but not guaranteed. Buyers are urged to investigate everything to their complete satisfaction. 
What I love about the home
Seller writes: Comfortable, beautiful inside and out. All the upgrades over the years have added nice touches. Love being close to everything we want whether downtown Campbell, the mall, downtown Los Gatos, or San Francisco. Neighbors are awesome. The number of amenities and services for $300/mth HOA dues is pretty amazing. It is easy to get used to the extra services, touches and offers that a Los Gatos address offers - without the Los Gatos insane pricing. It's really good to come home here.
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Facts
  • Lot: 1,742 sqft
  • Townhouse
  • Built in 1974
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Oct 2012 for $549,500
  • Price/sqft: $362
Features
  • Barbecue
  • Basketball Court
  • Cable Ready
  • Ceiling Fan
  • Deck
  • Double Pane/Storm Windows
  • Fenced Yard
  • Fitness Center
  • Flooring: Carpet
  • Lawn
  • Parking: Garage - Attached, 2 spaces, 420 sqft
  • Patio
  • Sprinkler System
  • Tennis Court
  • Transportation
  • Vaulted Ceiling
  • Wired
Additional Features
  • New lighted kitchen cabinets, granite counters, laminate, tile, carpet, French doors, tiled baths
Appliances Included
  • Dishwasher
  • Garbage disposal
  • Range / Oven
  • Refrigerator
Room Types
  • Family room
  • Pantry
  • Walk-in closet
  • Workshop
Construction
  • Construction quality: 6.0
  • Exterior material: Cement concrete
  • Roof type: Composition
  • Room count: 8
  • # Stories: 2.0
  • Structure type: Other
  • Unit count: 1
Other
  • Floor size: 1,520 sqft
  • Heating: Electric
  • Last remodel year: 2010
  • Lot depth: 60
  • Lot width: 30
  • Parcel #: 40910035
  • Unit floor #: 2
  • Zillow Home ID: 19667252
Home Values
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$749,868
-$2,937 Last 30 daysd
$697K
$795K
Zestimate range
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$3,318/mo
+$61 Last 30 daysd
$2.9K
$3.9K
Zestimate range
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Owner estimate:
Posted on 08/22/2012
$550,000 (based on comparative market analysis)
1. Comparison of this house and features with others sold in past 3 months in complex 2. Realtor comparative Analysis 3. Research into improvements current and coming in school districts (Rollingwood, Marshall Lane, Westmont), Los Gatos community

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Neighborhood for 400 Pine Wood Lane

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Zillow predicts 95032 home values will rise 4.2% next year, compared to a 5% rise for Los Gatos as a whole. Among 95032 homes, this home is valued 43.2% less than the midpoint (median) home, and is valued 48.1% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 95032 market, the number of foreclosures waiting to be sold dropped 2.8% in the last year. The number of unsold foreclosures is 66.7% higher than in Los Gatos, and 92.5% lower than the national average. This higher local number may prevent 95032 home values from rising as quickly as other regions in Los Gatos.

Learn more about forecast calculations or 95032 home values.
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